Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$366,496$366,496$395,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$28,604$0
Funding fee$1,832$1,832$0
Note rate4.980%4.980%7.320%
Blended rate4.980%5.271%7.560%
1st payment$2,106.94$2,106.94$2,714.06
2nd payment$0.00$214.53$0.00
Taxes / mo$363.75$363.75$363.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$98.00$98.00$98.00
Total monthly$2,718.69$2,933.23$3,404.83
Cash to close$72,504$43,900$43,900